Drawdown and Evaluation Rules
18 answered questions
Drawdown and Evaluation Rules
Drawdown is the maximum loss an account can take before it closes, and it trails your highest equity. Evaluations sold today carry no consistency rule.
What drawdown means
What does "drawdown" mean in plain English?
Drawdown is your max allowed loss. We use trailing drawdown, which follows your highest account equity. If you touch the drawdown floor, the account is closed.
What is the trailing drawdown size on each plan?
Strix: 6 percent of account size. Express: 4 percent of account size. Strix Pro: 6 percent of account size. In dollars: Strix gives $600 (10K), $1,500 (25K), $3,000 (50K), $6,000 (100K). Express gives $400 (10K), $1,000 (25K), $2,000 (50K), $4,000 (100K). Strix Pro gives $600 (10K), $1,500 (25K), $3,000 (50K), $6,000 (100K).
Show me a numeric example of trailing drawdown.
Strix Plan $50K example: starting balance $50,000, trailing drawdown $3,000, drawdown floor starts at $47,000. You finish day one up $2,000 (balance $52,000). End-of-day floor moves to $49,000. You finish day two up another $1,000 (balance $53,000). Floor moves to $50,000. If you give back $3,000 and touch $50,000, the account is closed.
End-of-day vs intraday
How does end of day drawdown work?
The drawdown floor moves UP once per session, at the market close. That is the only thing the mode controls. The floor itself is watched in real time all session, so touching it intraday still closes the account.
How does intraday drawdown work?
The drawdown floor tracks your equity high-water mark in real time, and the account ends the moment you touch it. This is the Express mode.
Drawdown lock
Does drawdown ever stop trailing?
Yes. In the Funded and Live phases the floor locks when the floor itself climbs to the lock balance; your balance getting there is not what does it. Details are on the Rules page.
What is "drawdown lock"?
The floor trails one full drawdown below your peak, and once the floor itself climbs to the lock balance it stays put from then on. Your lock balance equals your starting capital ($10K, $25K, $50K, or $100K, depending on plan), so locking takes a peak one full drawdown above that figure. Lock applies in Funded and Live, not in Evaluation.
What happens to the drawdown after my first payout?
Activating a Funded account resets the trailing drawdown. The floor then follows your peak until the floor itself reaches your starting balance, the level it locks at, and it holds there from that point on. You can keep trading and keep requesting, but if the balance comes back down to the floor, the account closes under the standard drawdown rule.
Consistency and winning days
Do you have a consistency rule?
New accounts have no consistency rule in Evaluation or Funded. Funded payouts require 8 qualifying winning days. Pro also has the 15% profit-to-risk check, shown as a dollar goal in your dashboard. Existing accounts follow their purchased rules, shown in the dashboard.
Account Reset
What is an Account Reset?
Every plan, Express included. A drawdown breach during the Evaluation does not have to end your run: you can buy an Account Reset from your dashboard and keep trading the same evaluation. Each reset is priced at 10% less than you paid for that evaluation. An older evaluation that is still charged a current price is priced at 10% less than that current price. The reset of an evaluation a discount code made free at checkout is priced from today's list price instead, with a discount 10 percentage points deeper than any sale running that day. Giveaway, prize and demo accounts cannot be reset, and that includes any evaluation won with a reward code. After a reset the account holds its full starting balance again, its drawdown floor sits where it did on day one, and trading is switched back on. Every other rule carries on unchanged. Resets have no deadline, and one reset can be bought for each evaluation while the purchase behind it stays active. Once the paid reset on an evaluation is used, another cannot be bought for it. Unless a free reset is available on that account, a new evaluation is the way to keep trading. Each reset is billed as a separate one-time charge. It does not start any recurring billing and changes nothing else you have bought. Only evaluations can be reset. A breach closes a funded account for good, and no price buys a reset for it. A new evaluation is the way back to trading.
Is an Account Reset available in Funded?
No. Only evaluations can be reset. A breach closes a funded account for good, and no price buys a reset for it. A new evaluation is the way back to trading. Nor does a breached Funded account go back to being an Evaluation.
Can I reset the same account more than once?
Not with a paid reset. Resets have no deadline, and one reset can be bought for each evaluation while the purchase behind it stays active. Once the paid reset on an evaluation is used, another cannot be bought for it. Unless a free reset is available on that account, a new evaluation is the way to keep trading. Your dashboard shows whether a reset is available for your account.
Is my progress toward the profit target kept after a reset?
No. After a reset the account holds its full starting balance again, its drawdown floor sits where it did on day one, and trading is switched back on. Progress toward the profit target starts again from zero.
Profit target
What is the profit target?
Strix: 12 percent of account size. Express: 8 percent of account size. Strix Pro: 12 percent of account size. In dollars: Strix gives $1,200 (10K), $3,000 (25K), $6,000 (50K), $12,000 (100K). Express gives $800 (10K), $2,000 (25K), $4,000 (50K), $8,000 (100K). Strix Pro gives $1,200 (10K), $3,000 (25K), $6,000 (50K), $12,000 (100K).
Is there a minimum number of trading days to pass?
No. Evaluation has no minimum trading days, no consistency rule and no deadline. The winning-day requirement applies to funded payouts.
Can I pause my Evaluation account?
There is nothing to pause. Evaluations never expire and there is no recurring charge running in the background, so not trading costs you nothing and no clock is running against you.
Can I switch from Express to the Strix Plan (or vice versa) mid-evaluation?
Plans are separate accounts, not toggles. Buy an account in the family you want; the original keeps running until you pass it, breach it, or close it. If you think an upgrade path applies to your account, ask support before you buy, because eligibility depends on the account’s own history.
Can I run a Strix Plan and an Express account at the same time?
Yes. The two families are independent, each tracked on its own rules and its own drawdown. Both count toward the 10-account limit.